10219 100 Avenue NW, Morinville, AB, T8R 1K8Listing ID# E4077608
Great opportunity for investment in the vibrant Town of Morinville AB. Turnkey business with plenty of room for expansion. Great highway exposure for tenants while the guest quarters are located to the back of the building.The Morinville Hotel and Plaza offers 30 units single, double, and king accommodations with 7 monthly suites consisting of 2 bedrooms. Former banquet hall now leased as a church. Other leases include Chinese restaurant and clothing store. There is a fixtured pizza place for lease. The hotel sits on 78,000 sq ft of land. The buildings take up over 32,000 sq ft. Leases are in place for the current plaza tenants with opportunity for new businesses to join the Plaza. Besides the hotel suites there is a U-Haul depot, a 5000 sq ft storage compound consisting of 84 units. Extra land for commercial development available.
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